BP To Merge with Shell»

The Anglo-Dutch company Royal Dutch/ Shell Group is likely to merge with British Petroleum.
Fadel Gheit, an analyst from New York brokerage group Oppenheimer, argues BP would make an ideal merger partner for Shell and urges shareholders to push for such a combination.
He believes Shell has excellent assets, strong financials, a global presence and dedicated staff. What it has not got is the kind of management expertise to "restore its industry standing and achieve its potential".